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Oct 8, 2012
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you can't increase defense spending, extend the bush cuts, 20% on top of that, and just say, no, it's going to be ok, we'll grow our way into it. that does raise a fair amount of scrutiny. >> sure. i think that's legitimate. first of all, romney has said to the degree they can't get the loopholes closed in congress, he'll reduce the tax credit. that he'll stick to the principle that it will pay for itself. there's a general argument over whether you should count economic growth. simpson and bowles don't count economic growth. two harvard experts said higher growth. third, romney has an energy plan which expanding american oil and gas. the royalties alone are worth $750 billion a year to the federal government. fourth, look carefully at what romney said, that the true supply sides don't necessarily love but it's good politics. he said i will close enough deductions that wealthy americans will not get a net tax cut. now, that's a pretty clear description. >> let me just say this. standing on the stage with you in arizona, this is what mitt romney said. number one, i said today we're goi
you can't increase defense spending, extend the bush cuts, 20% on top of that, and just say, no, it's going to be ok, we'll grow our way into it. that does raise a fair amount of scrutiny. >> sure. i think that's legitimate. first of all, romney has said to the degree they can't get the loopholes closed in congress, he'll reduce the tax credit. that he'll stick to the principle that it will pay for itself. there's a general argument over whether you should count economic growth. simpson...
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Oct 13, 2012
10/12
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national defense. i tramped in 111 countries in recent years and everywhere you go in the world you can find ample reason to worry about our situation . we are not the most popular country in the world, i have discovered that. >> i want to get your perspective and appreciate you coming here . what is going on in the middle east and places like libya and cairo and when we see the anti-american protest and they are fermenting. >> we are not popular years ago. >> but riot after riot what happened? >> you can sort of see that what was happening. part out of the jealousy. we are fortunate and we have been and i hope we will continue to be. you go to the middle east and i was in israel four or five months ago now. and i was in egypt a few months ago. and the situation could blow up overnight. >> what about joe biden telling paul ryan to calm down about the iran threat and they are years away . ryan said no, it is worse than you think . benjamin netanyahu and not meeting with president obama. what did you thi
national defense. i tramped in 111 countries in recent years and everywhere you go in the world you can find ample reason to worry about our situation . we are not the most popular country in the world, i have discovered that. >> i want to get your perspective and appreciate you coming here . what is going on in the middle east and places like libya and cairo and when we see the anti-american protest and they are fermenting. >> we are not popular years ago. >> but riot after...
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Oct 7, 2012
10/12
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hart who had been on such an offensive all of a sudden has to be on defensive and he doesn't handle it very well. >> john: there were several things that hart didn't handle very well. >> he was reeling and we came right back in which was the red phone. >> most powerful responsibility in the world lies in the hand that picks up this phone. >> john: they used emotion to sell the idea that gary hart was style and not substance. >> vote as the future of the world is at stake. >> john: decades later. your children are safe and asleep. >> hillary clinton's use the same theme to attack barack obama. >> in this case it was barack obama. we said to gary hart it's 2:00 in the morning. yeah, did they steal it from us? absolutely. >> john: it's more likely to be a direct attack. americans say we don't like these attacks, but they do work. in the swing states they now run all the time. >> if you are hearing me approve this message, believe me so am i. >> i'm barack obama, eye i'm mitt romney and i approve this message. >> john: however, most of you won't see those messages. you have been excluded.
hart who had been on such an offensive all of a sudden has to be on defensive and he doesn't handle it very well. >> john: there were several things that hart didn't handle very well. >> he was reeling and we came right back in which was the red phone. >> most powerful responsibility in the world lies in the hand that picks up this phone. >> john: they used emotion to sell the idea that gary hart was style and not substance. >> vote as the future of the world is at...
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Oct 14, 2012
10/12
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>> so you're soft on defense? >> i knew how i should answer the questions, but under pressure it's hard. i'm saying take it back to the clinton days. "instinct is to answer the questions that are asked, but consultants day don't. >> you're still answering my questions, but most of the time you want to be delivering your message. >> they say sarah palin was good at that. >> governor palin answered the questions in her debate on her terms. >> governor palin, is that so? >> that's not so, but because that's a quick answer i want to talk about my record on energy. >> she was able to pivot most of the questions on to ground that she was comfortable in handling the questions on. >> they kept grilling me. >> do you believe college is stupid? >> i -- >> don't you think that saying college is stupid is an irresponsible remark to make? >> no. for some people college is stupid. >> you just gave him some tape. >> now they'll make a commercial of you saying college is stupid. >> he says college is stupid. >> college is stupid.
>> so you're soft on defense? >> i knew how i should answer the questions, but under pressure it's hard. i'm saying take it back to the clinton days. "instinct is to answer the questions that are asked, but consultants day don't. >> you're still answering my questions, but most of the time you want to be delivering your message. >> they say sarah palin was good at that. >> governor palin answered the questions in her debate on her terms. >> governor...
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Oct 7, 2012
10/12
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MSNBC
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, one website calls it a reference to the country's missile defense system. so so far, neither country is saying anything official, but the war of words is continuing by proxy, if you like. >> okay, thank you very much. up next, the video game world identity, and why it may come back to haunt you you. you're watching weekends with alex witt. yo, give it up, dude! up high... ok. up high... ok. high! up high!!! ok ok that's getting pretty old. don't you have any useful apps on that thing? who do you think i am, quicken loans? [ chuckles ] at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. this great tool answers your home loan questions organizes your results, and lets you calculate with the confidence of a rocket scientist. you can even take notes and add photos of your favorite homes! it's the 21st century way to make your next home refinance or purchase easy. download it today from the app store or
, one website calls it a reference to the country's missile defense system. so so far, neither country is saying anything official, but the war of words is continuing by proxy, if you like. >> okay, thank you very much. up next, the video game world identity, and why it may come back to haunt you you. you're watching weekends with alex witt. yo, give it up, dude! up high... ok. up high... ok. high! up high!!! ok ok that's getting pretty old. don't you have any useful apps on that thing?...
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Oct 12, 2012
10/12
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CSPAN
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increaseu're going to -- >> we are not going to cut the defense budget. >> no massive defense increase? how do you do that? >> a proposed $478 billion cut to defense. now we have another $500 billion cut defense that is working on the horizon. they insisted upon that being involved in the debt negotiations. >> no one wants that, but i want to know how you do the math. >> you do not cut the defense by a trillion dollars. we will cut 80,000 soldiers, 20,000 marines, 120 cargo planes. if these cuts go through, our navy will be the smallest it has been since before world war i. this invites weakness. do we believe in peace through strength? you bet we do. do not cut the military by a trillion dollars. not increase it by a trillion, do not cut it by a trillion. >> we do not cut it. this so-called automatic cut, that was part of the debt deal they asked for. let me tell you what my friend said at a press conference. we have been looking for this moment for a long time. >> can i tell you what that meant? >> the bipartisanship was what he voted for the automatic cuts in defense because they di
increaseu're going to -- >> we are not going to cut the defense budget. >> no massive defense increase? how do you do that? >> a proposed $478 billion cut to defense. now we have another $500 billion cut defense that is working on the horizon. they insisted upon that being involved in the debt negotiations. >> no one wants that, but i want to know how you do the math. >> you do not cut the defense by a trillion dollars. we will cut 80,000 soldiers, 20,000 marines,...
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Oct 11, 2012
10/12
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FBC
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increases, obama has done nothing about defense. in his term. obama says no social security cut, romney says i agree, medicare, they make a big fuss about and they remind people nothing will happen for the next decade. neil: you be stepping this elect out? >> i see there is nothing to be gaining on my issue, fiscal issue, the core of what threatening our economy our way of lif -- our future, i can not see we would make headline way. neil: the worries you had more than 3 decades ago, you still have today, you -- i know you have written about it, painted a worrisome picture for ronald reagan back then, did he ignore you then? what? >> well, the thing was that was a clean balance sheet, we had a trillion worth of national debt, that was a small fraction of our gdp, 30 years later we used up the balance sheet. neil: but at the time about he say, dave, stop it. you are depressing me? >> no. he basically said, one deficit was inherited from jimmy carter, let's blame him, and let's cut fraud, waste and abuse, he was unwilling to take on so
increases, obama has done nothing about defense. in his term. obama says no social security cut, romney says i agree, medicare, they make a big fuss about and they remind people nothing will happen for the next decade. neil: you be stepping this elect out? >> i see there is nothing to be gaining on my issue, fiscal issue, the core of what threatening our economy our way of lif -- our future, i can not see we would make headline way. neil: the worries you had more than 3 decades ago, you...
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Oct 7, 2012
10/12
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he was on the defensive almost the entire time. the governor kept coming back at him with a smile on his faille face in a friendly manner. i don't think the president made any grave mistake tonight. but if he were your champion, have you to be disappointed because governor romney really needed to do something here to invigorate his troops and i think he did it. as i say, i don't know how high could have done a better job. these are sort of onekish subjects. he has the material down cold. i will say this, you understood why he was a very effective executive when he walked into a room and made decisions. the man knows his onions on all of these issues. maybe after 2 years of being in there, he was really at the to which -- at the to whichr top of his game. they have a right to be proud. i think they will get a boost in energy and fire for their troops. >> greta: they do get a bounce, how do you maintain your bounce? another tweet, mike murphy, republican strategist, he said, it's funny, tonight, romney is much better than his campaig
he was on the defensive almost the entire time. the governor kept coming back at him with a smile on his faille face in a friendly manner. i don't think the president made any grave mistake tonight. but if he were your champion, have you to be disappointed because governor romney really needed to do something here to invigorate his troops and i think he did it. as i say, i don't know how high could have done a better job. these are sort of onekish subjects. he has the material down cold. i will...
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Oct 12, 2012
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>> a proposed $478 billion cut to defense. now we have another $500 billion cut defense that is working on the horizon. they insisted upon that type been involved in the debt negotiations. >> no one wants that, but i want to know how you do the math. >> you do not cut the defense by a trillion dollars. we will cut 80,000 soldiers, 20,000 marines, 120 cargo planes. if these cuts go through, our navy will be the smallest it has been since before world war i. this invites weakness. do we believe in peace through strength? you bet we do. do not cut the military by a trillion dollars. not increase it by a trillion, do not cut it by a trillion. >> we do not cut it. this so-called automatic cut, that was part of the debt deal they ask for. let me tell you what my friend said at a press conference. we have been looking for this moment for a long time. >> can i tell you what that meant? >> the bipartisanship was what he voted for the automatic cuts in defense because they did not act. the military says, we need a smaller army. we need
>> a proposed $478 billion cut to defense. now we have another $500 billion cut defense that is working on the horizon. they insisted upon that type been involved in the debt negotiations. >> no one wants that, but i want to know how you do the math. >> you do not cut the defense by a trillion dollars. we will cut 80,000 soldiers, 20,000 marines, 120 cargo planes. if these cuts go through, our navy will be the smallest it has been since before world war i. this invites...
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Oct 11, 2012
10/12
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cuts in national defense. back to the old economics of high interest rates and high inflation and the old politics of high unemployment. now the road of george bush, the road to the future, and it comes down to this. and america at second to none with visions of greatness, economic expansion, tough laws, tough judges, strong values, respect for the flag and our institution. george bush will lead us to the 21st century, a country that will be of hope and peace. ronald reagan, george bush saves america from decline. michael dukakis fought us every step of the way. it is not that they are not sympathetic. it's simply that they will take america backwards. george bush has the experience and with me, the future, a future committed to our family, future committed to freedom. thank you. goodnight, god bless you. [applause] [applause] >> moderator: senator bentsen. senator bentsen your closing statement. bentsen: in just 34 days, america will elect new leadership for our country. is the most important decision because
cuts in national defense. back to the old economics of high interest rates and high inflation and the old politics of high unemployment. now the road of george bush, the road to the future, and it comes down to this. and america at second to none with visions of greatness, economic expansion, tough laws, tough judges, strong values, respect for the flag and our institution. george bush will lead us to the 21st century, a country that will be of hope and peace. ronald reagan, george bush saves...
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Oct 13, 2012
10/12
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FBC
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>> so you're soft on defense? >> i knew how i should answer the questions, but under pressure it's hard. i'm saying take it back to the clinton days. "instinct is to answer the questions that are asked, but consultants dayon't. >> you're still answering my questions, but most of the time you want to be delivering your message. >> they say sarah palin was good at that. >> governor palin answered the questions in her debate on her terms. >> governor palin, is that so? >> that's not so, but because that's a quick answer i want to talk about my record on energy. >> she was able to pivot most of the questions on to ground that she was comfortable in handling the questions on. >> they kept grilling me. >> do you believe college is stupid? >> i -- >> don't you think that saying college is stupid is an irresponsible remark to make? >> no. for some peopl college is stupid. >> you just gave hi some tape. >> now they'll make a commercial of you saying college is stupid. >> he says college is stupid. >> college is stupid. >>
>> so you're soft on defense? >> i knew how i should answer the questions, but under pressure it's hard. i'm saying take it back to the clinton days. "instinct is to answer the questions that are asked, but consultants dayon't. >> you're still answering my questions, but most of the time you want to be delivering your message. >> they say sarah palin was good at that. >> governor palin answered the questions in her debate on her terms. >> governor palin,...
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Oct 6, 2012
10/12
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and not the defense. my wife once said to me . don't let someone else's attitude determine yours for the remainder of the day. don't let them do that. >> wise words indeed. michael reagan, thank you for joining us and it was a plaze -pleasure having you here. >> thank you. >> one navy seal is about to receive his commission. we'll go live to new york city where the ceremony honoring him is now taking place. stay with us. [ male announcer ] this is anna, her long day teaching the perfect swing begins with back pain and a choice. take advil, and maybe have to take up to four in a day. or take aleve, which can relieve pain all day with just two pills. good eye. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-b
and not the defense. my wife once said to me . don't let someone else's attitude determine yours for the remainder of the day. don't let them do that. >> wise words indeed. michael reagan, thank you for joining us and it was a plaze -pleasure having you here. >> thank you. >> one navy seal is about to receive his commission. we'll go live to new york city where the ceremony honoring him is now taking place. stay with us. [ male announcer ] this is anna, her long day teaching...
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Oct 13, 2012
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the reagan defense. they've relyied on drawing a comparison to ronald reagan as well as one other president. >> it's been done before. >> it's never been done before. >> jack kennedy lowered tax-- >> now you're jack kennedy. >> if jack kennedy only knew how much he would come up in vice presidential debates i think paul ryan knew where that was going. i'm joined by erol lewis and thomas frank, thank you for sticking around and talking to us. you know in looking back at this it really taxes the way that they come up in these debates. the thing they're not talking about are mitt romney's taxes. the idea that they can look back and talk about taxes and ryan still getting caught with these lies and then the next day saying that's exactly what we meant to say. how does this work, errol. >> a promise has been made. a big broad promise has been made to splash taxes. it's estimated by a reasonable objective source that this could cost treasury 5 trillion-dollar over ten years. a lot of people are naturally curio
the reagan defense. they've relyied on drawing a comparison to ronald reagan as well as one other president. >> it's been done before. >> it's never been done before. >> jack kennedy lowered tax-- >> now you're jack kennedy. >> if jack kennedy only knew how much he would come up in vice presidential debates i think paul ryan knew where that was going. i'm joined by erol lewis and thomas frank, thank you for sticking around and talking to us. you know in looking...
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Oct 8, 2012
10/12
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a lot of people came to my defense. i was called a racist, bill clinton was called a racist. i have seen bill talk to you and others saying donald trump is a good guy. we have a good relationship and he is a good guy. i believe the hate tried he had and maybe doesn't have any more for obama was unbelievable but people are afraid to to take obama on. i don't know what it is. >> this is amazing four years later he saved the democratic convention for obama. he said in 2008 they played the race card with me and they planned it from the beginning. >> he felt that very strongly. >> you feel he did that fto you? >> he did. you mention certain things it's racist. any time you criticize obama whether it's trump or anybody else you get the ratest thing going. it's very unfair, not nice. i enjoyed, i must tell you. i love thinking about running. as you know i was doing incredibly well. people liked what i said whether it was about china or opec ripping us off or whether it was about obama. i wish he were a great president. i am a republican. if he were the greatest president i would be
a lot of people came to my defense. i was called a racist, bill clinton was called a racist. i have seen bill talk to you and others saying donald trump is a good guy. we have a good relationship and he is a good guy. i believe the hate tried he had and maybe doesn't have any more for obama was unbelievable but people are afraid to to take obama on. i don't know what it is. >> this is amazing four years later he saved the democratic convention for obama. he said in 2008 they played the...
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Oct 14, 2012
10/12
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and hart, who had been on such an offensive all of a sudden has to be on the defensive, and he doesn't handle it very well. >> there were several things that hart didn't handle well, but that's another story. >> he was reeling. we came right back in with another punch, which was the red phone. >> the most awesome, powerful responsibility in the world lies in the hand that picks up this phone. >> again, they used emotion to sell the idea that gary hart was style, not substance. >> vote as if the future of the world is at stake. >> decades later -- >> it's 3:00 a.m., and your children are safe and asleep, but there's a phone in the white house and it's ringing. >> hillary clinton's consultants used the same theme to attack barack obama. >> who do you want answering the phone? >> in this case it was barack obama, because he answered the red phone at 3:00 in the morning. said, gary heart answered the red phone at 2:00 in the morning. did they steal it from us? absolutely. >> today's ads are more likely to be direct attacks. >> barack obama, what a disappointment. >> americans say we don't
and hart, who had been on such an offensive all of a sudden has to be on the defensive, and he doesn't handle it very well. >> there were several things that hart didn't handle well, but that's another story. >> he was reeling. we came right back in with another punch, which was the red phone. >> the most awesome, powerful responsibility in the world lies in the hand that picks up this phone. >> again, they used emotion to sell the idea that gary hart was style, not...
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Oct 9, 2012
10/12
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. >> the naacp legal defense fund calls your work junk science, and they stand behind that. there's 11 big names statisticians who are nonpartisan from harvard, stanford, u penn on and on that said your methodology is completely flawed and your findings should not be taken seriously. let's not litigate that here. let's talk about stacy dale and allen kruger, who economists who push lished a major peer-reviewed essay. in the national bureau of economic research that found that selectivity definitely has economic benefit force black and latino students. no economic benefits over the long term for white students but unquestionable benefits for black and latino students. what do you say to that? >> alan kruger didn't say they were unquestionable benefits and our work is peer reviewed. there's a mountain of articles on which it's based. those 11 scholars focused on one debate in which there isn't a single critique that is peer reviewed. the weight of the evidence is on our side. kruger is an excellent economist and his article is an important one, but there are about six articles
. >> the naacp legal defense fund calls your work junk science, and they stand behind that. there's 11 big names statisticians who are nonpartisan from harvard, stanford, u penn on and on that said your methodology is completely flawed and your findings should not be taken seriously. let's not litigate that here. let's talk about stacy dale and allen kruger, who economists who push lished a major peer-reviewed essay. in the national bureau of economic research that found that selectivity...
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Oct 12, 2012
10/12
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KTVU
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. >> they propose a $470 billion cut to defense and we have another $500 billion cut to defense that is working on the horizon. they insisted on that cut being involved in the debt negotiations. >> no one wants that. i want to know how you do the math and have this increase. >> you do not cut defense by $1 trillion. that is what we're talking about. cut 80,000ing to soldiers, 20,000 marines, 120 cargo planes. >> drawing down on one more and one more. >> the navy will be the smallest it has been before world war i. this and by its weakness. it did not impose these devastating cuts on our military. we're seeing do not cut the military by $1 trillion. not increase it but do not cut it. >> i want to move on. >> we do not cut it. that was part of a debt deal that they asked for and let me tell you what my friend said at a press conference announcing his support of the deal. he said, we have been looking for this moment for a long time. >> can i tell you what that meant? we have been looking for bipartisanship for a long time. >> he voted for for automatic cuts and the act -- and they aske
. >> they propose a $470 billion cut to defense and we have another $500 billion cut to defense that is working on the horizon. they insisted on that cut being involved in the debt negotiations. >> no one wants that. i want to know how you do the math and have this increase. >> you do not cut defense by $1 trillion. that is what we're talking about. cut 80,000ing to soldiers, 20,000 marines, 120 cargo planes. >> drawing down on one more and one more. >> the navy...
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Oct 12, 2012
10/12
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don't cut defense by $1 trillion. that's what we're talking about. >> what national security issue -- >> who's cutting it by $1 trillion? >> -- would justify an increase? >> we're going to cut 80,000 soldiers, 20,000 marines, 120 cargo planes. we're going to push the joint -- >> drawing down one war and one war -- >> if these cuts go through, our navy will be the smallest it has been since before world war i. this invites weakness. look, do we believe in peace through strength? you bet we do. we don't impose the devastating cuts on our military. we're saying don't cut the military by $1 trillion. not increase it by $1 trillion, don't cut it by $1 trillion. >> quickly, vice president biden on this. i want to move on. >> we don't cut it. i might add, this so-called, i know we don't want to use the fancy word, see quester the automatic cut. that was part of a debt deal they asked for. let me tell you what my friend said announcing he supported the deal, i'm paraphrasing, we've been looking for this moment for a long time
don't cut defense by $1 trillion. that's what we're talking about. >> what national security issue -- >> who's cutting it by $1 trillion? >> -- would justify an increase? >> we're going to cut 80,000 soldiers, 20,000 marines, 120 cargo planes. we're going to push the joint -- >> drawing down one war and one war -- >> if these cuts go through, our navy will be the smallest it has been since before world war i. this invites weakness. look, do we believe in...
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Oct 13, 2012
10/12
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don't cut defense by $1 trillion. that's what we're talking about. >> what national security issue -- >> who's cutting it by $1 trillion? >> ryan simply can't explain his 20% tax cut. bottom -- >> you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics? do you have the -- do you know exactly what you're doing? >> look at what ronald reagan and tip o'neill did. >> no specifics? >> what we're saying is lower tax rates 20%. start with the wealthy, work with congress to do it. >> you guarantee this math will add up? >> absolutely. six studies have guaranteed, six studies verified this math adds up. >> ryan promises, the numbers, they'll add up. someday. my math teacher would not have accepted that answer and i don't think yours wou
don't cut defense by $1 trillion. that's what we're talking about. >> what national security issue -- >> who's cutting it by $1 trillion? >> ryan simply can't explain his 20% tax cut. bottom -- >> you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have...
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Oct 13, 2012
10/12
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don't cut defense by $1 trillion. that's what we're talking about. >> what national security issue -- >> who's cutting it by $1 trillion? >> ryan simply can't explain his 20% tax cut. bottom -- >> you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics? do you have the -- do you know exactly what you're doing? >> look at what ronald reagan and tip o'neill did. >> no specifics? >> what we're saying is lower tax rates 20%. start with the wealthy, work with congress to do it. >> you guarantee this math will add up? >> absolutely. six studies have guaranteed, six studies verified this math adds up. >> ryan promises the numbers, they'll add up. someday. my math teacher would not have accepted that answer and i don't think yours woul
don't cut defense by $1 trillion. that's what we're talking about. >> what national security issue -- >> who's cutting it by $1 trillion? >> ryan simply can't explain his 20% tax cut. bottom -- >> you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have...
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Oct 7, 2012
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you have to specify where the deductions are, you can't increase defense spending, extend the bush tax cuts, do 20% on top of that and just say, well no, it's going to be okay. we'll grow our way into it. that does raise a fair amount of scrutiny. >> sure. i think that's legitimate. first of all. romney has said to the degree they can't get the loopholes closed in congress, he'll reduce the tax break. that he's going to stick to the principle, it's going to pay for itself. second, there's a genuine intellectual argument over whether he should count economic growth. simpson and bowles don't count economic growth. harvard report came out and said $58 billion a year higher growth. third, romney has an energy plan which dramatically expands american oil and gas, the royalties alone are worth $750 billion over the next 20 years. to the federal government. fourth, i think you got to look carefully at how romney structured it. what he said is something that frankly true supply side is, it's good politics. he said, i will close enough deductions that wealthy americans will not get a net tax cu
you have to specify where the deductions are, you can't increase defense spending, extend the bush tax cuts, do 20% on top of that and just say, well no, it's going to be okay. we'll grow our way into it. that does raise a fair amount of scrutiny. >> sure. i think that's legitimate. first of all. romney has said to the degree they can't get the loopholes closed in congress, he'll reduce the tax break. that he's going to stick to the principle, it's going to pay for itself. second, there's...
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second, he built more naval ships, ships that the defense department and generals don't even want. so i think a lot of americans have got to ask, yeah, we've got a lead in the world but what in the heck are we doing, proposing that won't make america stronger and safer in the long run and those are the only two specifics that i can see that were really different from what president obama is actually doing. >> now, brian, you've used the word disarray about his foreign policy. what do you mean by that? >> well, he doesn't actually have clear positions on most issues. i think it's reflective of the american party today. you know, you've got a party that essentially says, government spending doesn't create jobs except when it's defense spending but then you have tea party folks saying, we shouldn't be spending anything at all. you have a republican that doesn't know what it stands for on what to do about the middle east and i think it comes through in the candidate's speech today. he doesn't have specifics about what he would do in syria. he seems to hint that we would go to war there
second, he built more naval ships, ships that the defense department and generals don't even want. so i think a lot of americans have got to ask, yeah, we've got a lead in the world but what in the heck are we doing, proposing that won't make america stronger and safer in the long run and those are the only two specifics that i can see that were really different from what president obama is actually doing. >> now, brian, you've used the word disarray about his foreign policy. what do you...